Tuesday, October 28, 2003

Sony: Dot-Bomb Stock?

As Silicon Valley creakily starts to turn around and begin to innovate again, I have been required to fend off the doubts and dismissals of non-local naysayers who came late to the last tech party, and cannot believe that real value is created through the venture process. One of the favorite gambits is to point out the utter collapse of equity valuations even among the "real" companies in the tech sector -- those who had products and revenues, like Cisco or Sun or Inktomi.

This quote in today's NYT article on the Sony layoffs was thus a revelation: "Before today's announcement, Sony's stock closed at 3,960 yen, about 89 percent off its lifetime high of 33,900 yen in March 2000." Hmmm. 89 percent for a device company? 89 percent for a 50-year-old industrial bellwether? 89 percent for a company based 5000 miles from San Jose? Maybe, just maybe, the fault of the bubble was something called the stock market, not someplace called Silicon Valley.

Innovation is happening. These are good times for those who create.

Friday, October 03, 2003

English Attitudes
The English apply the same philosopy to their shoes as they do to their public schools. After seven years of confinement and torment, you end up with something really worthwhile.
The Metaphor and Reality of Silos

Every time someone starts talking about legacy enterprise applications, the term 'silos' jumps into the conversation. Silos are bad. We need to break away from all these old vertical silos to something horizontal, and dynamic, and cool. It's worth remembering a few things about silos:
1) They are designed to hold grain in and keep the rain outside
2) They also keep rats away from the grain
I believe that a new generation of dynamic software will improve the way enterprises operate immeasurably, within the next decade. And I think that whatever solution emerges will make considerable use of silos.

Wednesday, October 01, 2003

Bon Mot
"If you're paying rent in three places and still sleeping on the floor, that's bad management"
-- Prabal Dutta